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  • Other
  • Living
  • Kitchen
  • Bath

617 E Bennett Ave, Ferndale, MI 48220

$225,000
  • 3

    bed

  • 3

    bath

  • 2,259

    Sqft ($100/Sqft)

Multi-family for sale 10 days

About 617 E Bennett Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
Excellent investment opportunity in Ferndale! This fully occupied bungalow-style duplex features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, providing immediate rental income with an opportunity to increase revenue through below-market in-place rents. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and updated flooring. Additional property highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, plus a fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street. Located less than 1.5 miles from downtown Ferndale with convenient access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. An established Oakland County location, strong rental demand, and below-market rents make this an attractive opportunity for investors seeking immediate cash flow with future upside. Please do not disturb the tenants.
Listed by
Listing Agent - Emil Cherkasov
Listing Agent Contact: 2486625066
Listing Office - Forward Commercial Group
Source: Realcomp mls logo
MLS#20261067536 • last updated 1 week ago
Movoto checked Realcomp for data 23 minutes ago
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Overview
Heating ForcedAir, NaturalGas
Levels/Style Two, Bungalow, Upper/Lower Apartment
Status Active
SubType Multi Family
Living Area 2259
MLS # 20261067536
Lot Size (Acres) 0.12
Property Tax 7405
Interior
Total # of Bathrooms 3
# of Full Baths 2
# of Half Baths 1
Exterior
Construction Wood Siding
Foundation Basement, Poured
Roof Composition
Parking Garage
Exterior Features Chimney Cap(s)
Patio/Porch Deck, Porch
Amenities / Utilities
Pool None
Location
Subdivision FRANK GRIX
High School District Ferndale
APN 2535354035
Directions Woodward Ave North Of 8 Mile Rd, Head East On Chesterfield, Right At Hilton, Left To Continue On Chesterfield To Right On Fair Street To Right On Bennett Ave.
Zoning Residential
Multifamily Details
Rent Includes Water, YardMaintenance
# Units Leased 2
Gross Scheduled Income 23400
Operating Expense 11000
Net Operating Income 12400
Monthly Rental Income 1950
Lot/ Land Details
Road Frontage Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Ferndale

Explore everything this neighborhood has to offer.
38/100
Walk
61/100
Family
88/100
Dining
95/100
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  • Real Estate
  • MI
  • Oakland County
  • Ferndale
  • 48220
  • 617 E Bennett Ave

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